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Feb 19, 2013
02/13
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dennis: you the economy. you talk about a path to prosperity with four keys to getting through washington. tell us about it. >> the first is the fed continues to be very accommodating. that will last through the year. will it be a different situation a year from now? we also have a housing recovery that is sustainable and has been very gradual which means i think it should have a long duration. the energy story in the u.s. is not over. i think it is just beginning to blossom and that is going to help the energy sector and a variety of other sectors including manufacturing because we are the low-cost producers and that is going to be part of the story as to why u.s. manufacturing is on the rebound. both cyclically land on a secular basis. dennis: thank you very much. neither one of you have convinced me to sell. thanks,. cheryy: health care provider stocks have taken a big hit following a new report out of a government agency proposing lowering medicare rates next year. dennis: peter barnes joins us from the b
dennis: you the economy. you talk about a path to prosperity with four keys to getting through washington. tell us about it. >> the first is the fed continues to be very accommodating. that will last through the year. will it be a different situation a year from now? we also have a housing recovery that is sustainable and has been very gradual which means i think it should have a long duration. the energy story in the u.s. is not over. i think it is just beginning to blossom and that is...
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Feb 20, 2013
02/13
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we have a $15.8 trillion economy. it is one quarter percent of the size of our overall economy. dagen: do these need to happen, though, as far as a base line? if we let these have been and realize they are not hard on the economy, that could open the door for something more serious? >> they also need to have basic credibility. spending cuts are counted over ten years. they have not yet happened. these are clumsy cuts. it would be nice to have them replaced by more targeted cuts. it is better to have more cuts really in the bank taking place. like me saying i am going to go on a diet, but i am going to eat a big desert right now. i eat the calories now and i never get around to dieting later. dagen: do you believe that the markets, those still willing to lend money to the u.s., that they need to see movement in order to feel secure about, not just find that that, but continuing to own it at this point to be satisfied that we will try to at least begin to write ourselves financially. >> the problem is, the real things we need to address are the things that drive the debt of five y
we have a $15.8 trillion economy. it is one quarter percent of the size of our overall economy. dagen: do these need to happen, though, as far as a base line? if we let these have been and realize they are not hard on the economy, that could open the door for something more serious? >> they also need to have basic credibility. spending cuts are counted over ten years. they have not yet happened. these are clumsy cuts. it would be nice to have them replaced by more targeted cuts. it is...
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Feb 22, 2013
02/13
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that is downer for economy. government is hurting us with the federal reserve and what the federal government is doing with taxes and spending. adam: what is the word we should fear? we're here from the government and and we're here to help you. >> watch the wallet what is left of it. adam: editor-in-chief. thanks for joining us today. >> thank you. shibani: does boeing have a fix for its dreamliner nightmare? it is a nightmare that keeps going on and going on. the company is presenting a solution to the faa today. we'll go live to wash an for the latest details -- washington. adam: also look at some of today's winners and losers. today is gonna be an important day for us. you ready? we wanna be our brother's keeper. what's number two we wanna do? bring it up to 90 decatherms. how bout ya, joe? let's go ahead and bring it online. attention on site, attention on site. now starting unit nine. some of the world's cleanes are now powering some of america's biggest cities. siemens. answers. he's going to apply testos
that is downer for economy. government is hurting us with the federal reserve and what the federal government is doing with taxes and spending. adam: what is the word we should fear? we're here from the government and and we're here to help you. >> watch the wallet what is left of it. adam: editor-in-chief. thanks for joining us today. >> thank you. shibani: does boeing have a fix for its dreamliner nightmare? it is a nightmare that keeps going on and going on. the company is...
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Feb 21, 2013
02/13
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economy. we're seeing the dow down 80 points. meanwhile, the average debt in households headed by people 35 and younger fell 29% from 2007 through 2010. they arthey're taking one less t card debt and are putting their home buying plans on hold. much of the drop could be connected to a decrease in homeownership since the account is three quarters of the average american debt. in one exports grew for a third straight year setting a record $1.4 billion in revenue. according to the wine institute, 90% of exports are for california. the european union remains a top market accounting for 34% of all sales. that is the latest from the fox business network, giving you the power to prosper. cheryl: on the road and perhaps facing delays, tell industry is facing for serious disruptions that could come from the automatic spending cuts take effect march 1. all agencies across the board reducing staff and air traffic and late security. industry experts said the lack of that will lead to longer lines at security checkpoints. transportation secre
economy. we're seeing the dow down 80 points. meanwhile, the average debt in households headed by people 35 and younger fell 29% from 2007 through 2010. they arthey're taking one less t card debt and are putting their home buying plans on hold. much of the drop could be connected to a decrease in homeownership since the account is three quarters of the average american debt. in one exports grew for a third straight year setting a record $1.4 billion in revenue. according to the wine institute,...
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Feb 20, 2013
02/13
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this is what drives the economy. >> absolutely that is what drives the economy. place like lowe's, home depot, they're selling other commodities other than lumber. their sales can be up by selliig other products which are not related to lumber. >> they're trading those. leave you with the stock board of the home builders. they're trading today, ashley, the headline, which is us whoing starts down. i tell you, i think there is lot more to be optimistic about in there, even though you're seeing red on the board for homebuilders. ashley: something indeed. jeff flock, as you say up close and personal, on the ground, on the story. thanks so much. tracy: well the postal service survived, rain, heat and snow for hundreds of years. now they're hoping to help you survive it too. the usps partnering with a fashion company who will design and produce the clothing line at no cost to the post office, believe it or not. now the usps will receive a small percentage of sales from the clothing company when its mens line is introduced in department and specialty stores. why small?
this is what drives the economy. >> absolutely that is what drives the economy. place like lowe's, home depot, they're selling other commodities other than lumber. their sales can be up by selliig other products which are not related to lumber. >> they're trading those. leave you with the stock board of the home builders. they're trading today, ashley, the headline, which is us whoing starts down. i tell you, i think there is lot more to be optimistic about in there, even though...
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Feb 21, 2013
02/13
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economy is taking a toll on the markets today. right now the dow is down roughly 70 points. >>> according to the mortgage bankers association the mortgage delinquency rate during the fourth quarter hit the lowest level since 2008. the delinquency rate covers loans at least one payment past due but in the foreclosure process. >>> the federal trade commission is warning of new type of cramming of unauthorized fees in phone bills, showing up as real charges on credit card statements. one big culprit, ideal financial solutions. the fcc complaint says they hit tens of thousands americans for fake fees for fake financial services. consumers were build $24 million without their consent. that is the latest from the fox business network, giving you the power to prosper. ashley: the securities & exchange commission is the latest battleground over whether corporations must make additional disclosures of political contributions. our very own charlie gasparino joining us on the phone with an exclusive on this story. what have you found out, ch
economy is taking a toll on the markets today. right now the dow is down roughly 70 points. >>> according to the mortgage bankers association the mortgage delinquency rate during the fourth quarter hit the lowest level since 2008. the delinquency rate covers loans at least one payment past due but in the foreclosure process. >>> the federal trade commission is warning of new type of cramming of unauthorized fees in phone bills, showing up as real charges on credit card...
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Feb 19, 2013
02/13
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that has impact on economy in general. if you're spending that kind of money on putting gas in your tank, you're not spending it on anything else you like to spend it on. that doesn't say anything more than the picture of the chicago carriage cab lot. you can't afford to make money and drive a cab, you leave it parked. >> it makes you cranky, jeff flock. i was not happy this morning. i paid 3.70. i guess i should be thankful still. >> you got a break.% tracy: you should get warm, jeff. thank you. ashley: tracy cranky, that's terrible. my next guest says there is no relief in sight for the pain at the pump. sorry, trace. tracy: i know. ashley: he says price are headed back to record levels in july 2008. when prices were $4.11. we have professor at duquesne university, consent moores. professor moores, i wish you had better news. why do you think we'll see these prices move even higher? >> there are a number of elements going on here and the first of course is the rising cost of crude oil. despite the fact we're actually sec
that has impact on economy in general. if you're spending that kind of money on putting gas in your tank, you're not spending it on anything else you like to spend it on. that doesn't say anything more than the picture of the chicago carriage cab lot. you can't afford to make money and drive a cab, you leave it parked. >> it makes you cranky, jeff flock. i was not happy this morning. i paid 3.70. i guess i should be thankful still. >> you got a break.% tracy: you should get warm,...